Turns out, a recent settlement between Wal-Mart and Minnesota over wage-and-hour violations was just the tip of the iceberg for the retailer.
Now Wal-Mart says it’s settled 63 similar cases, which will cost between $352 million and $640 million, depending on how many claims are submitted by eligible workers.
Trial courts must approve all the settlements.
Wal-Mart faced 76 wage cases in courts across the country.
Just weeks ago, the company settled a class-action lawsuit alleging it cut workers’ break time and that its employees worked off-the-clock. That settlement will cost Wal-Mart $54 million.
Under the larger agreement, Wal-Mart will use electronic systems and other measures to ensure its compliance with wage-and-hour policies and laws.
The settlement hasn’t made one particular group happy. Wal-Mart Watch Executive Director David Nassar says the company is settling the cases before the new presidential administration takes over.
